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Yeah, if you do, the bank would issue a stop payment on the cheque.

If you try to deny after encashing the cheque the bank would file a legal case against you

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Q: Can you deny a bank loan after receiving the check?
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Related questions

Can a bank deny a loan because of felony?

no they can't


Do you have to pay taxes on a check that is in your name?

It depends entirely on why you are receiving the check. For example, if you are receiving the check for services rendered, then yes. For example, if you are receiving a loan or a gift, then no. There is nothing special about receiving a check. The same principles apply whether you receive a check, cash, bank transfer, a goat, or a sack of magic beans.


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